Global Companies Take Technological Innovation and Industrialization as their Core Competitiveness

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Dr. Ajay Krishna Tiwari

Abstract

The observation of multinational companies in this research article reflects that global companies take technological innovation and industrialization as their core competitiveness, rely on strong metallurgical manufacturing capabilities, and undertake engineering contracts, A large enterprise group with multi-specialty, cross-industry and transnational operations in resource development, equipment manufacturing, and real estate development as its core business. The company is one of the largest engineering contracting companies in the world. In terms of revenue for 2008, the company is included in the "Fortune" World 500. In 2008, it was selected as one of the "Top 500 Chinese Enterprises" by the China Enterprise Confederation and the China Entrepreneur Association, based on income in 2007. The same year, "225 global companies" published by "Engineering News-Record", based on the calculation of project contracting business revenue in 2007 Ranked 12th among the world's largest contractors.

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